1506 N US Hwy 1 Ormond Beach, FL $ 899,000
1506 N US Hwy 1
$ 899,000
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1506 N US Hwy 1

Ormond Beach, FL, 32174
$ 899,000
Baths0.0

Monthly Estimate*

$ 5,609

1506 N US Hwy 1, Ormond Beach, FL 32174 - Image 1
1506 N US Hwy 1, Ormond Beach, FL 32174 - Image 2
Studio

Lots and Land for sale in Ormond Beach, FL

for $899,000. The lot size is 1.6.

Offered for sale is this 1.6+/- acre hard corner retail development site in Ormond Beach, FL. Located at the SWC of US Hwy 1 and Broadway Ave. This intersection just received a new traffic light in 2019 as it will now serve as the main entrance off of US Hwy 1 to the Ormond Crossings Business Park. The first tenant in this 1m+ SF business park is Security First Insurance who just opened their 130k SF headquarters building in November 2019 and has over 500 employees working at this location. The site offers over 300' of frontage on US Hwy 1 with full access via the Broadway Ave intersection. With the brand new traffic light and surrounding new development this hard corner site has become the most attractive retail location in the corridor. Tremendous potential with the ability to do multiple QSR's, strip center, restaurant, etc. The city and community are very supportive of new retail development near this I-95 intersection (exit 273). 1.6+/- acre hard corner retail site in Ormond Beach, FL Located immediately south of I-95 Over 300' of frontage on US Hwy 1 Property is just in front of new Security First Insurance 130,000 SF headquarters building Adjacent to newly proposed Ace Hardware site All utilities are available to site Brand new traffic light at US Hwy 1 & Broadway Ave offers full access Zoning allows intense commercial development Adjacent 8,000 SF lot on Gowers St could also be assembled

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Lots and Land Active

Price

$ 899,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,019

Style

Unimproved Land

Lot Size

1.6

Town/City

Ormond Beach

County/Region

Volusia

MLS | Web ID

1065936

Features
General
Property Subtype Unimproved Land
Tax Year 2019
Current Use Commercial Retail Unimproved
HOA Fee 2 0.0
County Volusia
Property Type Land
HOA Y
Subdivision Name Ormond Lakes
Status Active
Directions Located on the SWC of US Hwy 1 and Broadway Ave
City Ormond Beach
Senior Community Y/N N
Zoning Description Retail
MLS Area 45 - Ormond N of 40 W of US1 E of 95
Lot Size Units Acres
Lot Size Square Feet 69696.0
Tax Annual Amount 2019.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 45 - Ormond N of 40 W of US1 E of 95
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description LOTS 17 TO 19 INC & LOT 20 EXC HWY BLK 60 & INC N 1/2 VACALLEY ADJ NATIONAL GARDENS PER OR 5288 PG 3555 & OR 5495 PG 779 PER OR 6863 PG 3253 PER OR 6901 PG 2662 PER OR 6901 PG 2665
New Construction None
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Exterior
Lot Size Area 1.6
Spa N
Lot Dimensions 1.6 Acre
Lot Size Acres 1.6
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Total Baths 0
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Internal Only
Street Number 1 1506
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* Excluded Features
List By
Carl Lentz

Listing Agent

Svn Alliance Commercial Real Estate Advisors

Broker

Affordability Calculator

$5,777
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,609
Monthly Property Taxes
$168
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1330097 Elementary School
1330098 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/31/2019$899,000 Listed Price

Map


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1506 N US Hwy 1, Ormond Beach, FL, 32174 is a Lots and Land for sale at $899,000 with a lot size of 1.6. 1506 N US Hwy 1 is a studio with 0.0 baths. The property's zip code is 32174 which is in Ormond Beach, FL